FLORENCE, KY - April 4, 2008 – Aristech Acrylics LLC, headquartered in Florence, has been acquired by SK Capital Partners, LP, a New York private equity firm specializing in the specialty chemical industry.Principals of SK Capital have been interested in investing in Aristech for many years. When Mitsubishi Corp., Aristech Acrylics' prior owner, began the sales process, SK Capital was determined to purchase the company, according to a press release. They share confidence in Aristech's business, its management team, its employees and most importantly, its products and customers, the release said.
About SK Capital Partners
SK Capital is a private investment firm with a disciplined focus on the specialty materials, chemicals and healthcare sectors. Our integrated, multi-disciplinary team utilizes its prior industry, operating and investment experience to transform businesses into higher performing organizations. Located in New York, NY and Boca Raton, FL, we are currently investing from SK Capital Partners III, L.P., a $500 million fund of committed capital. Our portfolio companies generate revenues of over $3.0 billion annually and employ more than 3,400 people.
